Global HVAC Equipment Market Size, Share, Growth, Trends, Company Analysis and Forecast 2019-2026

The global HVAC equipment market is expected to clock a CAGR of 6.70% during 2019–2026. The global market will attain a worth of US$160.1 bn by the end of 2026.

The report analyzes and forecasts the HVAC equipment market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global HVAC equipment market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the HVAC equipment market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of HVAC equipment market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

Competitive Landscape

Carrier Corporation, AB Electrolux, Haier Ltd., Lennox International Inc., Panasonic Corporation, LG Corporation, Samsung Electronics, and Daikin Industries Ltd. are some of the notable companies currently operating in the global HVAC equipment market.

The global HVAC equipment market is segmented based on:

Equipment Type

• Heating
  • Heat Pumps
  • Furnaces
  • Unitary Heaters
  • Boilers
• Air Conditioning
  • Room Air Conditioners
  • Unitary Air Conditioners
  • Coolers and Others
• Ventilation
  • Ventilation Fans/Air Pumps
  • Humidifiers/Dehumidifiers

End-use Application

• Residential
• Commercial
• Industrial

Geography

• North America
  • U.S.
  • Rest of North America
• Europe
  • EU7
  • CIS
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • Indian Subcontinent
  • Australasia
  • Rest of Asia Pacific
• Middle East and Africa (MEA)
  • GCC Countries
  • North Africa
  • South Africa
  • Rest of MEA
• Latin America
  • Brazil
  • Rest of Latin America

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the global HVAC equipment market. The report analyzes this market by product, functionality, formulation, and region
• Product Enhancement/Innovation: Detailed insights on the upcoming trends and product launches in the global HVAC equipment market
• Market Development: Comprehensive information on the lucrative emerging markets by product, functionality, formulation, and region
• Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global HVAC equipment market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of leading players in the global HVAC equipment market

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

• To analyze and study the global HVAC equipment capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
• Focuses on the key HVAC equipment manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.